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Titan Reverts:To Old Symbol and Pink Sheets-->
Filed under:
* TTGL
— OTCJournal Editor @ 12:47 pm
In case you are wondering about the quote- TTGLE has now reverted back to TTGL- with one caveat- the stock has officially lost its bulletin board listing and has been relegated to the Pink Sheets- the land of non reporting companies.
There was no disclosure I am aware of from the company- you just had to figure it out. I hadn’t noticed until one of the OTC Journal faithful pointed it out.
You might wonder what this means. OTC BB companies are fully reporting, just like any DOW component, and have to live up to the same standards of reporting.
TTGL had three violations of tardy financial reporting. The rules state that if you file late three times, you lose your BB status, and go to the Pink Sheets for a period of one year. I believe that if you comply in a timely manner for a year, you can be reinstated.
Pink Sheet companies are not required to file financials. However, in the case of Titan, the company probably will choose to file, and regain its BB status in a year if they don’t screw up again.
I don’t believe it is going to have a major effect on the stock price today- however, if they start doing better, it probably won’t encourage new investors to find them in the Pinks.
The price quote now comes up on Yahoo! at TTLG.PK. TTGL pretty much every where else if you want to keep following it.
I think TTGL books are messed up and cannot report anymore or care to due to many issues. IMO it think the want to merge into the IVCM or RM.
LOOK what I found-Blog Homepage
3/3/2008
Titan Reverts: To Old Symbol and Pink Sheets
Filed under:
* TTGL
— OTCJournal Editor @ 12:47 pm
In case you are wondering about the quote- TTGLE has now reverted back to TTGL- with one caveat- the stock has officially lost its bulletin board listing and has been relegated to the Pink Sheets- the land of non reporting companies.
There was no disclosure I am aware of from the company- you just had to figure it out. I hadn’t noticed until one of the OTC Journal faithful pointed it out.
You might wonder what this means. OTC BB companies are fully reporting, just like any DOW component, and have to live up to the same standards of reporting.
TTGL had three violations of tardy financial reporting. The rules state that if you file late three times, you lose your BB status, and go to the Pink Sheets for a period of one year. I believe that if you comply in a timely manner for a year, you can be reinstated.
Pink Sheet companies are not required to file financials. However, in the case of Titan, the company probably will choose to file, and regain its BB status in a year if they don’t screw up again.
I don’t believe it is going to have a major effect on the stock price today- however, if they start doing better, it probably won’t encourage new investors to find them in the Pinks.
The price quote now comes up on Yahoo! at TTLG.PK. TTGL pretty much every where else if you want to keep following it.
I need someone to put all the DD together and repost it. I have to run some errands.
I need someone to put all the DD together and repost it. I have to run some errands.
..thats who the President of Titan appoints to take over IVCM. Interesting to say the least.
momoore- Did you see what I posted and put it together?
Mr. Kurt Jensen CEO at TITAN GLobal-handles mergers/aquisitions and thats who the President of Titan appoints to take over IVCM. Interesting to say the least.
Now Read yesterdays PR-->VI Communications, Inc. Announces Acquisition of Controlling Interest by Titan Global Holdings, Inc.
Tuesday June 24, 6:30 am ET
Titan Management to Lead IVI Communications
RICHARDSON, Texas--(BUSINESS WIRE)--IVI Communications, Inc. (IVCM), announced today that Titan Global Holdings, Inc. (TTGL), a high growth diversified holding company, has acquired all of IVI’s outstanding Series A and B Preferred stock from the former holders. The Preferred Stock includes the right to vote a majority of IVI’s shares for any action to be taken by shareholders. At the time of the Preferred Stock acquisition, IVI’s sole officer and director, Charles Roodenberg resigned and members of Titan management were appointed to IVI’s Board, including David Marks, Titan’s Chairman and Bryan Chance, Titan’s President and Chief Operating Officer. Kurt Jensen was appointed as President of IVI. Mr. Jensen currently serves as President and Chief Executive Officer of Titan’s Communications Division.
Now click on Mr. Jensen. Look At the news from yesterday now. ITs all coming togther.
Executive Vice President of Mergers and Acquisitions for Titan
Here is the guy running IVCM now-->Kurt Jensen - President & Chief Executive Officer, Planet Direct, Inc. & Titan Communications
Kurt Jensen recently was reappointed as President of Titan’s Communications Division. Prior to serving in this role, Mr. Jensen has served as Executive Vice President of Mergers and Acquisitions for Titan. Mr. Jensen is a seasoned executive with over 17 years of experience in a variety of industries including consumer products, telecommunications, consumer products and consulting. He has a strong background in bridging the gap between customer support requirements and the operational and organizational efficiencies required to deliver overall customer profitability and satisfaction
Has anyone call Titan Global, I posted the number below. I cant use the phone right now.
So, TGJ, what is your estimate per share then if they do a merger at the current pps and share structure.
IVCM authorized is 400mil & TTGL is 950 mil. We are in excellent shape.
Roughly 1 TTGL share for 8 IVCM SHARES
Silverbull, did you call TiTan up at the number I posted.
I'm glad i held and added.
silverbull, nice good job! WE are going to be :)
We should all call to get them to put NEWS out.
Titan Global Holdings,Inc.Phone:(510) 824-1200
44358 Old Warm Springs Boulevard
Fremont, CA 94538
http://www.titanglobalholdings.com
TGJ, how many share does TTGL have. This could be a big clue.
I need to find out how many shares TTGL has to do the math
vol. was up big at ttgl, they like it.
TTGL poster says MR. Jensen taking over as officer at TTGL.
IVCM shell and assets are worth at least 6 cents.
mm's scalped many weak hand. congrats IVCM ers.
TGJ, Nice Find. TTGL is our buyer
right tjg, ive seen deals like this. that is why i keep buying
tjg, well said. you missed one thing and that ivcm is a fully reporting issue and ttgl, the purchaser is a pinksheeter. i think the cleaner issue will prevail in a merger
someone knows something . looking good!
lots of buying now -looing better !
with around a 400mil o/s -titan global knows what they are doing
when they bought ivcm. call the t/a its unchanged
tg, that is why i hold and bought more.
Holding all my IVCM, mms are short. We should get news or an update, hopefully today. This is too big of a play for me to walk away.
Watch for news everyone this afternoon out of TX
hello 13 going up now!
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